U.S. Bancorp

Elara Caring CIO Delivers Keynote at ServiceNow World Forum

Retrieved on: 
Wednesday, October 25, 2023

Elara Caring , the full-scale, multi-state home health provider of clinical and personalized services across the patient continuum, has announced that its Chief Information Officer Christian Mate will deliver a keynote address at the ServiceNow World Forum: Dallas, a forum showcasing the latest innovations within the ServiceNow platform that drive growth for end-to-end digital transformation.

Key Points: 
  • Elara Caring , the full-scale, multi-state home health provider of clinical and personalized services across the patient continuum, has announced that its Chief Information Officer Christian Mate will deliver a keynote address at the ServiceNow World Forum: Dallas, a forum showcasing the latest innovations within the ServiceNow platform that drive growth for end-to-end digital transformation.
  • “Our partnership with ServiceNow is at the forefront of these efforts, and is helping us distinguish Elara as the place to work in home health.”
    Joining Mr. Mate as keynote speakers are Cheryl Foulkes, SVP, Team Member Experience and IT Strategy, Dell Technologies; Dave Wright, Chief Innovation Officer, ServiceNow; and Ramsay Tuita, Advisory Solution Consultant, ServiceNow.
  • In addition to the keynote, Renee Konzelman, Senior Vice President, People, Talent and Culture and Elara will serve as a featured speaker on a Women in Leadership panel at the Dallas-based forum.
  • The ServiceNow World Forum is comprised of a series of events that take place in various global cities throughout October and November.

U.S. Bank Launches Avvance Point of Sale Lending Solution

Retrieved on: 
Tuesday, October 24, 2023

U.S. Bank, an industry leader in payment services, announces today the launch of Avvance, an embedded, multi-channel point of sale lending solution.

Key Points: 
  • U.S. Bank, an industry leader in payment services, announces today the launch of Avvance, an embedded, multi-channel point of sale lending solution.
  • Avvance empowers businesses with the ability to offer consumer financing during checkout with a quick application and instant decisioning.
  • Avvance offers a transparent, convenient way to pay over time with loan options available during the checkout experience.
  • “Our point-of-sale lending product allows business owners the ability to offer affordable financing while they receive full payment at the time of sale.

First Internet Bank Adds to Growing Small Business Administration Team

Retrieved on: 
Tuesday, October 24, 2023

First Internet Bank announced today that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer.

Key Points: 
  • First Internet Bank announced today that Joseph Reynolds has joined the organization as Vice President, Senior Business Development Officer.
  • His broad-based financial services background further enhances the experience and expertise of the Bank’s Small Business Administration (SBA) team – one currently among the Top 10 for SBA 7(a) lenders nationwide.
  • “His ability to thoroughly understand the transaction and guide the borrower through the lending process allows him to get loan proceeds to our clients quickly and efficiently.”
    “I’m pleased to be joining the First Internet Bank SBA lending team; it’s exciting to be a part of such a talented, successful group,” Joe added.
  • “Helping small business owners grow their businesses, while also helping referral partners source loans that allow borrowers to further their entrepreneurial pursuits is immensely satisfying.”
    Mr. Reynolds comes to First Internet Bank from First Bank of the Lake, where he served as Senior Business Development Officer; he previously held similar positions with Fortune Bank and First Bank Financial Centre, along with a number of other roles in the financial industry.

First Internet Bancorp Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the third quarter ended September 30, 2023.

Key Points: 
  • First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), announced today financial and operational results for the third quarter ended September 30, 2023.
  • On a fully-taxable equivalent basis, net interest income for the third quarter of 2023 was $18.6 million, compared to $19.5 million for the second quarter of 2023, and $25.3 million for the third quarter of 2022.
  • Total interest income for the third quarter of 2023 was $63.0 million, an increase of 8.4% compared to the second quarter of 2023, and an increase of 61.2% compared to the third quarter of 2022.
  • The cost of interest-bearing deposits was 4.09% for the third quarter of 2023, compared to 3.75% for the second quarter of 2023.

Elavon Financial Services Receives UK Banking Authorisation

Retrieved on: 
Monday, October 23, 2023

Elavon Financial Services DAC, a wholly owned subsidiary of U.S. Bank, has been authorised as a licensed provider of financial services by the Bank of England.

Key Points: 
  • Elavon Financial Services DAC, a wholly owned subsidiary of U.S. Bank, has been authorised as a licensed provider of financial services by the Bank of England.
  • “Elavon has a long history serving our payments and investment services clients across the United Kingdom,” says Declan Lynch, CEO of Elavon Financial Services.
  • Under the scheme, Elavon Financial Services DAC will now operate in the UK under a Third Country Branch banking license.
  • This authorisation strengthens our reputation in the UK and as a global payments leader,” says Hemlata Narasimhan, President of Elavon Merchant Services.

Modern Treasury Joins U.S. Bank Connected Partnership Network

Retrieved on: 
Thursday, October 19, 2023

Modern Treasury , the operating system for the new era of payments, announced today that it is joining the U.S. Bank Connected Partnership Network.

Key Points: 
  • Modern Treasury , the operating system for the new era of payments, announced today that it is joining the U.S. Bank Connected Partnership Network.
  • For joint customers of U.S. Bank and Modern Treasury, the network makes it easier to connect, embed, and deliver new payment experiences.
  • “Modern Treasury is thrilled to be among the first batch of partners in the U.S. Bank Connected Partnership Network as we modernize payments for companies large and small,” said Nick Farrow, Head of Bank Partnerships at Modern Treasury.
  • “With the Connected Partnership Network, our joint clients will be able to more efficiently manage their payment and treasury processes.”
    The U.S. Bank Connected Partnership Network helps corporate treasury teams easily identify and adopt technology already connected with the bank.

U.S. Bancorp Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 18, 2023

U.S. Bancorp reported its third quarter 2023 results today.

Key Points: 
  • U.S. Bancorp reported its third quarter 2023 results today.
  • The earnings release, business line schedules and slide presentation can be accessed online at ir.usbank.com/investor-relations/financial-information .
  • At 7 a.m. Central Time, Chairman, President and Chief Executive Officer Andy Cecere and Senior Executive Vice President and Chief Financial Officer John Stern will host a conference call to review the financial results.
  • To access the webcast and presentation, visit U.S. Bancorp’s website at usbank.com and click on “

Casey's General Stores Wins the AFP 2023 Pinnacle Awards

Retrieved on: 
Monday, October 23, 2023

SAN DIEGO, Oct. 23, 2023 /PRNewswire/ -- Casey's General Stores was announced the winner of the AFP 2023 Pinnacle Awards Grand Prize for excellence in treasury and finance. The Pinnacle Awards Grand Prize, sponsored by U.S. Bank, was presented during AFP 2023 in San Diego, Calif. The Grand Prize was chosen through a vote by treasury and finance professionals.

Key Points: 
  • SAN DIEGO, Oct. 23, 2023 /PRNewswire/ -- Casey's General Stores was announced the winner of the AFP 2023 Pinnacle Awards Grand Prize for excellence in treasury and finance.
  • The Pinnacle Awards Grand Prize, sponsored by U.S. Bank, was presented during AFP 2023 in San Diego, Calif.
  • "AFP is proud to recognize Casey's General Stores with the 2023 Pinnacle Awards Grand Prize, said Jim Kaitz, President & CEO of AFP.
  • "We congratulate Casey's General Stores, the third-largest convenience store chain in the United States, for winning the AFP 2023 Pinnacle Awards," said Martin Nonna, national head of Global Treasury Management Sales & Consulting for U.S. Bank.

Major leap forward for standalone battery energy storage, as sector leader Plus Power raises additional $1.8 billion to help incorporate renewables and stabilize the power grid

Retrieved on: 
Tuesday, October 17, 2023

THE WOODLANDS, Texas, Oct. 17, 2023 /PRNewswire/ -- Plus Power LLC announced completion of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy.

Key Points: 
  • Plus Power LLC announced completion of $1.8 billion in new financing for standalone battery storage.
  • " Nord/LB is honored to have supported industry leader, Plus Power, as CLA for the landmark stand-alone battery storage transactions, Sierra Estrella and Superstition Energy Storage.
  • We are excited to witness their impact on the clean energy transition and look forward to supporting Plus Power on future opportunities."
  • "Societe Generale is pleased to have supported Plus Power – a leader in the renewables & energy storage market – in this landmark Battery Energy Storage financing," said Eric Kim, the Head of Société Générale's Energy+ Group .

Financial Data Exchange (FDX) Reports 65 Million Consumers Use FDX API 

Retrieved on: 
Tuesday, October 10, 2023

RESTON, Va., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) today reports that 65 million consumer accounts are now actively utilizing its FDX API for secure open finance data sharing.

Key Points: 
  • RESTON, Va., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Financial Data Exchange (FDX) today reports that 65 million consumer accounts are now actively utilizing its FDX API for secure open finance data sharing.
  • Since FDX’s last report in April of 2023, a staggering 13 million additional consumer accounts were transitioned to the FDX API.
  • This incredible milestone reflects the widespread trust and acceptance of a standardized approach to accessing financial data and FDX anticipates the growth to continue.
  • The FDX API currently defines approximately 660 unique financial data elements, revolutionizing how individuals and businesses securely access and manage their financial information while fostering innovation and competition within the financial ecosystem.